Communication and cooperation in Prisoner's Dilemma games

成果类型:
Article
署名作者:
Bahel, Eric; Ball, Sheryl; Sarangi, Sudipta
署名单位:
Virginia Polytechnic Institute & State University
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2022.02.008
发表日期:
2022
页码:
126-137
关键词:
cooperation prisoner's dilemma Lie aversion perfect Bayesian equilibrium
摘要:
We consider a Prisoner's Dilemma model with a pre-play communication stage. Players get a disutility from deceiving others after sending a message of conditional cooperation. Each player's realized lying aversion cost is private information. We prove existence and characterize the (unique) symmetric perfect Bayesian equilibrium that maximizes cooperation. In this distinguished equilibrium, the frequency of cooperation decreases as material gains from lying (or losses from being deceived) increase. We introduce an iterated procedure allowing to characterize the set of rationalizable strategies. We find that cooperation may decrease as a population starts to value honesty more. We extend the model to account for the possibility of a benefit obtained when lying or the effect of the audience size. (C) 2022 Elsevier Inc. All rights reserved.